Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting channels to discuss issues affecting commercial aviation.
Lufthansa Cargo (LHC) said that it is prepared for the next downturn in the air cargo business when it happens after the company presented the best results in its 26-year history following an unprecedented year.
Lufthansa subsidiaries Austrian Airlines and Swiss International Air Lines (SWISS) have reported substantial losses for 2020 and further fleet reductions at both carriers are possible.
